Aditya Birla Chemicals acquires stake in CTP, CTP AM

October 2013

Aditya Birla Chemicals (Thailand) has acquired 100 per cent stake in Chemicals and Technologies for Polymers (CTP) and 50 per cent stake in Chemicals and Technologies for Polymers Advanced Materials (CTP AM), in Germany. The investments were made through the company's 100 per cent owned subsidiary Aditya Birla Chemicals (Europe) GmbH.